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Why Is Jefferies (JEF) Down 7.4% Since Last Earnings Report?
ZACKS· 2026-02-06 17:30
A month has gone by since the last earnings report for Jefferies (JEF) . Shares have lost about 7.4% in that time frame, underperforming the S&P 500.But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Jefferies due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its latest earnings report in order to get a better handle on the important catalysts.Jefferies Q4 Earnings Inc ...
Rithm Capital (RITM) - 2025 Q4 - Earnings Call Transcript
2026-02-03 14:00
Rithm Capital (NYSE:RITM) Q4 2025 Earnings call February 03, 2026 08:00 AM ET Speaker1Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Emma Holke, Deputy General Counsel. Ma'am, please go ahead.Speaker10Thank you, and good morning, everyone. I would like to thank you for joining us today for Rithm Capital's fourth quarter and full year 2025 earnings call. Joining me today are Michael Nierenberg, Chairman, CEO, and President of Rithm Capital, Nick Santoro, Ch ...
eQ's 2030 strategy: returning to strong growth
Globenewswire· 2026-02-03 06:00
Core Strategy - eQ's updated strategy for 2030 aims to return to strong growth, leveraging its unique strengths and expertise as trusted asset managers for institutions, with a goal to double operating profit by the end of 2030 [1][6][14] Market Position - eQ holds a strong position in long-term active asset management and corporate finance in Finland, with notable strengths in private equity, real estate investments, and advisory services for mergers and acquisitions [2][6] Economic Environment - The last four years have presented challenges due to geopolitical tensions, inflation, and rising interest rates, leading to weak economic growth and declining real estate valuations in Finland. However, the economic outlook for the upcoming years is more positive, with expectations of growth [4] Growth Opportunities - eQ plans to expand its business to international institutional clients and domestic private clients, particularly in the unlisted private equity market, which has historically outperformed the listed market. Mega-trends such as urbanization, aging populations, and green transitions present additional growth opportunities [5][8] Product Development - The company is focused on developing products and services in collaboration with clients and partners, including the recent launch of the eQ PE Direct I fund, aimed at investing in small and medium-sized enterprises [7][10] Client Expansion - eQ seeks to grow its client base by targeting international institutional clients and domestic private clients, offering investment solutions that align with those used by institutional investors [8][9] Implementation Strategy - The strategy for strong growth will primarily be achieved through organic growth, supported by partnerships for broader distribution of services and potential mergers and acquisitions to enhance value for clients [9] Investment Focus - Achieving strategic goals will require moderate investments in personnel, skills development, client experience, technology, and digital services, while maintaining a focus on distributing profits to shareholders as dividends [10][14]
Lazard(LAZ) - 2025 Q4 - Earnings Call Presentation
2026-01-29 13:00
LAZARD JANUARY 2026 Investor Presentation Safe Harbor This presentation contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward- looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "will," "should," "could," ...
Lazard beats profit estimates as dealmaking picks up, asset management gains
Reuters· 2026-01-29 11:43
Lazard beat fourth-quarter profit estimates on Thursday, fueled by strong growth in its advisory and asset management businesses, while the investment bank named insider Tracy Farr as chief financia... ...
Explainer: What is MSCI and what has it done to Indonesia's stock market?
Reuters· 2026-01-29 09:47
MSCI is a powerhouse within the $139 trillion asset management industry and its decisions are hugely consequential for countries around the world - as Indonesian investors learned this week to their cost. ...
Raymond James Financial Reports Fiscal First Quarter of 2026 Results
Globenewswire· 2026-01-28 21:24
Core Insights - Raymond James Financial, Inc. reported record net revenues of $3.74 billion and net income of $562 million for the fiscal first quarter ended December 31, 2025, reflecting a 6% increase year-over-year [1][2] - The company achieved record client assets of $1.77 trillion and an annualized net new asset growth of 8% [2] - The firm announced an 8% increase in its quarterly dividend and repurchased $400 million of shares during the quarter [2] Financial Performance - Quarterly adjusted net income available to common shareholders was $577 million, or $2.86 per diluted share, after excluding $15 million of acquisition-related expenses [1][2] - Pre-tax income was largely unchanged from the preceding quarter, while net income available to common shareholders decreased by 7% due to a higher effective tax rate [2] - Annualized return on common equity and annualized adjusted return on tangible common equity were 18.0% and 21.4%, respectively [2] Segment Results Private Client Group - Quarterly net revenues rose 9% year-over-year, driven by higher asset management and related administrative fees, which increased 15% to $1.69 billion [5][6] - Record client assets under administration reached $1.77 trillion, with fee-based accounts growing to $1.04 trillion, up 14% and 19% respectively [5][6] - Domestic Private Client Group net new assets totaled $30.8 billion for the fiscal first quarter, reflecting an annualized growth rate of 8% [5][6] Capital Markets - Quarterly net revenues decreased by 21% compared to the prior year, primarily due to lower M&A and advisory revenues [9] - Sequentially, net revenues declined by 26%, largely driven by lower debt underwriting and M&A revenues [9] Asset Management - The increase in quarterly net revenues and pre-tax income was attributed to higher financial assets under management due to market appreciation and net inflows into fee-based accounts [11] Banking - Net bank loans grew by 13% year-over-year, with securities-based and residential mortgage loans increasing by 28% and 10%, respectively [14] - Bank segment net interest income rose by 14% compared to the prior year, driven by loan growth and lower funding costs [14] Acquisitions and Investments - The firm announced the acquisition of Clark Capital Management Group, which specializes in wealth-focused solutions and has over $46 billion in combined assets under management [12] - Continued investments in technology and platform enhancements were highlighted as part of the company's long-term growth strategy [2] Shareholder Returns - The quarterly cash dividend on common shares was increased by 8% to $0.54 per share, with a total of $2 billion authorized for stock repurchases [20] - During the fiscal first quarter, the firm repurchased $400 million of common stock at an average price of $162 per share [20]
Flora Growth Corp. Announces Name Change to ZeroStack Corp., Furthering Its Strategy as an AI-Focused Asset Management Company
TMX Newsfile· 2026-01-27 13:00
Toronto, Ontario--(Newsfile Corp. - January 27, 2026) - Flora Growth Corp. (NASDAQ: FLGC) (the "Company") today announced that it will change its corporate name to "ZeroStack Corp." The name change is expected to become effective on or around January 29, 2026, on the Nasdaq Capital Market (the "Nasdaq"). Concurrent with the corporate name change, the Company's common shares (the "Common Shares") will trade on the Nasdaq under the symbol "ZSTK".The name and ticker change reflect the Company's evolution towa ...
WENDEL : Déclaration
Globenewswire· 2026-01-19 20:39
Group 1 - Wendel is in non-exclusive discussions with Henkel regarding a potential operation involving Stahl, with no certainty about the outcome of these discussions [2] - Wendel SE is one of the leading publicly traded investment companies in Europe, investing in sector-leading companies such as ACAMS, Bureau Veritas, and Stahl [3] - As of September 30, 2025, Wendel manages €46 billion for third-party investors and approximately €5.3 billion for its own account [3] Group 2 - Wendel has announced plans to develop a private asset management platform in addition to its proprietary investment activities [3] - The company completed acquisitions of 51% of IK Partners in May 2024 and 72% of Monroe Capital in March 2025, with the acquisition of Committed Advisors announced in October 2025 [3] - Wendel is rated BBB with a stable outlook for long-term and A-2 for short-term by Standard & Poor's [4]
BlackRock Shares Rise 2% After Fourth-Quarter Earnings Beat and Record Inflows
Financial Modeling Prep· 2026-01-15 20:04
Core Insights - BlackRock reported fourth-quarter results that exceeded Wall Street expectations, with shares rising over 2% in pre-market trading [1] - The company posted adjusted earnings per share of $13.16, surpassing analyst estimates of $12.44, and revenue reached $7.0 billion, exceeding the consensus forecast of $6.75 billion [1] Assets Under Management - Assets under management increased to $14 trillion during the quarter, driven by record net inflows of $342 billion [2] - For the full year, net inflows totaled $698 billion, indicating strong demand across the firm's investment offerings [2] Revenue and Growth - The quarter saw a 12% annualized organic base fee growth, reflecting strength in various sectors including iShares exchange-traded funds, systematic active equities, private markets, outsourcing solutions, and cash management [3] - Quarterly revenue rose 23% compared to the same period a year earlier [3] Full-Year Performance and Dividends - For full-year 2025, BlackRock reported adjusted earnings per share of $48.09, with total revenue increasing 19% to $24.22 billion [4] - The company's board approved a 10% increase in the quarterly cash dividend to $5.73 per share and authorized an additional 7 million shares for repurchase [4]